A POLITICAL APPRAISAL OF ECONOMIC SELF-RELIANCE IN NIGERIA’S FOURTH REPUBLIC: ISSUES AND CHALLENGES
A POLITICAL APPRAISAL OF ECONOMIC SELF-RELIANCE IN NIGERIA’S FOURTH REPUBLIC: ISSUES AND CHALLENGES

Summary/Abstract: This paper examines a political appraisal of the effort of various governments in Nigeria fourth republic toward economic self-reliance as a critical element to the overall Sustainable development of the country. However, due to the internal contradiction inherent in most developing Societies like Nigeria, achieving economic Self reliance has continued to elude these States. Nigeria’s public sector driven economic system has been replaced by government in Nigeria with difference privatization model aimed at strengthening the institutional mechanisms of the state and creating inefficient and effective economic system to drive its development agenda. The paper argues that there is need for an alternative model for development in the country which avoids creating overdevelopment on foreign aid and -allows for the empowering of people to trust in their own capabilities and spirit. Economic Self-reliance as an alternative to the western model if properly understood and applied can bring hope for a bright and more sustainable future. The paper identified the factor militating ageist economic Self reliance and mad recommendations to address these factors with the goal of engendering economic Self reliance in Nigeria,

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